Businesses Warn USD Shortages Threaten Operations Despite Bank Allocations
Despite Ethiopian banks nearly doubling foreign currency allocations compared to last year, businesses continue to face severe U.S. dollar shortages that threaten daily operations...
Telebirr Transactions Reach 2.38 Trillion Birr as Ethio Telecom Revenue Jumps 72% in 2017 EFY
Ethiopian Investment Holdings (EIH) opened its 2017 Ethiopian fiscal year (EFY) annual performance dialogue with a detailed review of Ethio Telecom’s impressive results, spotlighting...
Development Bank of Ethiopia Reports Strong Growth in 2017 EFY
Addis Ababa – Ethiopian Investment Holdings (EIH), the nation’s sovereign wealth fund, concluded Day 3 of its annual performance dialogue with an in-depth review...
KCB in Talks to Acquire Up to 40% Stake in Ethiopian Bank
Nairobi, August 20, 2025 – Kenya’s largest lender, KCB Group Plc, is in discussions to purchase as much as 40% of an Ethiopian bank,...
Ethiopian Airlines to Inaugurate New Chinese-Built Headquarters in 2026
Addis Ababa – Ethiopian Airlines Group is preparing to move into a new state-of-the-art headquarters by August 2026, as Africa’s largest carrier continues to...
Sheraton Addis at 27: A Timeless Ethiopian Luxury Through Harry Jaggard’s Eyes
A Masterpiece of Hospitality: How the Sheraton Addis Remains an Undisputed Classic After 27 Years, Through the Eyes of Explorer Harry Jaggard
In the heart...
